The gutter industry is expected to hit $6 billion by 2020. This is due to increased construction activity.
In this post, your leading rain gutter guard provider, Gutter Helmet of Northern Minnesota, discusses what this growth means for homeowners.
Gutter and Downspout Market
There was a huge sales gain in gutter products from 2012-2017 because of increased re-roofing activity. Economic conditions improved after the recession period, with more homeowners investing in roof replacement. Extreme weather damaged many homes in 2016 and 2017, raising the demand for roof and gutter replacement. Because so many people recently replaced their roofs, roof replacement activity is predicted to slow in the following years.
More Product Choices for Homeowners
Linear feet gains are predicted to lag due to slowed residential improvement and repair activity. Gutter contractors can become more competitive by improving their products. They can create more variations of their product lines, including more color and style options. Aside from that, they can promote value-added products, like gutter guards, rain harvesting equipment and decorative items.
Contractors who choose to innovate their products can attract more consumers. Growth opportunities may include novel materials, gutter styles and innovative coatings.
Aluminum half-round gutters can be coated so they look like high-end copper or zinc. Galvalume steel can replace standard galvanized steel in traditional home styles. Value-added products such as gutter guards and rain harvesting equipment can also increase profit margins on gutter installations.
Invest in a gutter protection system to protect your home from water damage. At Gutter Helmet of Northern Minnesota, we are your leading rain gutter guard provider. With over 50 years of combined experience, we’ll ensure your gutters stay protected and clog-free for years. Call us at (866) 937-3508 or fill out our online form to learn more about our services. We work with homeowners in Culver, MN.
